GM Wallet Macro Preview | Sept 24 ๐บ๐ธ
U.S. jobless claims are forecast at 201K, up from 196K.
Claims are expected to rise slightly but remain historically low, signaling limited layoffs and a stable labor market.
โข Above forecast: Yields and the dollar may fall, supporting gold, tech stocks and crypto. A sharp increase could revive growth concerns.
โข Below forecast: Labor-market resilience may strengthen expectations for tighter Fed policy, lifting yields and the dollar while pressuring risk assets.